Saturday, January 30, 2016

Facebook’s Zuckerberg is now sixth richest man on the planet

HT Correspondent, Hindustan Times, New Delhi

Mark Zuckerberg is a busy man, this last quarter, between paternity leave and promoting Free Basics, he’s managed to amass a net worth of $47.5 billion, to become the sixth richest man on the planet. According to Bloomberg Billionaires Index, the 31-year-old co-founder of Facebook has managed to pass the $45.9 billion holdings of brothers Charles and David Koch by raising $6 billion on Thursday. His propulsion to the title of America’s fourth richest was the implication of Facebook delivering a record revenue over the last quarter.

The only other billionaires ahead of Zuck are Bill Gates, Amancio Ortega, Warren Buffett, Jeff Bezos and Carlos Slim. As his Facebook timeline would tell you, this Zuckerberg has made some interesting lifestyle choices that might have something to do with his success. For instance, he’s simplified his wardrobe into a collection of t-shirts and sweatshirts of the same colour, so that he doesn’t have to spend time picking out clothes every morning.

Facebook may hold the top spots in app store with WhatsApp, Instagram and Messenger under its wing, but the recent lines of focus for Zuckerberg seem to be virtual reality, artificial intelligence and Internet.org.

But, as a father, Zuckerberg hasn’t been all work and no play. Whether it’s a visit to the doctor’s or first attempt at swimming, the Facebook CEO has spend quality time with his daughter as the company drove the revenues through the roof.

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